
On Thursday, the Bank of England will decide whether to increase the base rate once again. How will this impact households' finances?
Authors

Associate Director
Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.
Explainer details
- DOI
- 10.1920/ex.ifs.2023.0009
- Publisher
- Institute for Fiscal Studies
Suggested citation
Waters, T. (2023). The impact of rising mortgages explained [Explainer] Institute for Fiscal Studies. Available at: https://ifs.org.uk/articles/impact-rising-mortgages-explained (accessed: 19 June 2025).
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